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Our best Accounting Basics articles

By Becky McCray

Columnar padAccounting and finance is one of those topics no one likes to deal with. Except us. We like to talk about it because we (Maesz and I) do it, and we teach it. We’ve written a series of articles on accounting and bookkeeping, and here are some of our better items.

  • Do you get accounting?
  • The easiest accounting system  
  • Top 3 Year-end Accounting Tasks  
  • Simplified Small Biz Accounting and Record Keeping  
  • Simplified accounting for side businesses and micro enterprises

While you’re reading up, don’t miss:

  • The “What qualifies as deductible?” list in Checklists for starting your first business
  • Tips for tracking details in QuickBooks if you are a QB user
  • The link to Gina  in How to organize your business accounting records
  • And Maesz’ post direct from the IRS on How to keep good tax records 

One parting piece of advice:
Don’t ignore the bookkeeping just because you don’t like to do it. 
That’s all too common, and all too deadly.

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About Becky McCray

Becky started Small Biz Survival in 2006 to share rural business and community building stories and ideas with other small town business people. She and her husband have a small cattle ranch and are lifelong entrepreneurs. Becky is an international speaker on small business and rural topics.
  • Zoom Towns: attracting and supporting remote workers in rural small towns - December 10, 2020
  • In an economic crisis, spend your brainpower before your dollars - November 25, 2020
  • Video: How to fill empty car dealership buildings for the holidays - November 6, 2020
  • How has 2020 changed the challenges rural small towns face? Tell us here - October 20, 2020
  • The Idea Friendly Method to surviving a business crisis - October 6, 2020
  • Join me for the Rural Renewal Symposium online Oct 13 - September 26, 2020
  • Cheap placemaking idea: instant murals - September 11, 2020
  • Refilling the rural business pipeline - July 7, 2020
  • Huge vacant buildings: grants to renovate? - June 9, 2020
  • Economic self defense for small towns  - June 7, 2020

November 19, 2008 Filed Under: entrepreneurship, finance Tagged With: service businesses

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Comments

  1. maesz says

    November 19, 2008 at 1:23 pm

    Absolutely right, spot-on. But, of course, I am only slightly prejudiced.

  2. Anonymous says

    February 9, 2009 at 3:41 pm

    Pls con firm that inventory does not affect profit/loss, but effects cash flow

  3. Becky McCray says

    February 10, 2009 at 3:52 am

    Anon, you’re correct. I’ve added more detail in Inventory Basics for Small Business.

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